B246 words
Innovation
Language of innovation, creativity and entrepreneurship.
Add this collection to your flashcard deck and practise with spaced repetition.
Words in this collection
- innovationnounˌɪn əˈveɪ ʃənThe introduction of something new; a new idea, method, or device.
- disruptionnoundɪsˈrʌp ʃənA major interruption or disturbance that stops the normal progress or function of something.
- technologytĕk-nŏl<strong>′</strong>ə-jēThe application of scientific knowledge for practical purposes, especially in industry, including machinery, equipment, and systems.
- digitaladjectivedĭj<strong>′</strong>ĭ-tlRelating to or using signals or information represented by discrete values, especially binary digits (0 and 1), as opposed to continuous signals.
- transformationtrăns′fər-mā<strong>′</strong>shənA complete or major change in form, nature, appearance, or character.
- startupnounˈstɑrtˌʌpA newly established business, especially in the technology sector, characterized by innovative ideas, potential for rapid growth, and often seeking venture capital.
- investmentnounɪnˈvɛstməntThe action or process of putting money, time, or effort into something with the expectation of achieving a profit or benefit in the future.
- ventureverbˈvɛntʃəA risky or daring journey, project, or investment.
- capitalnounˈkæp ɪ tl1. The most important city of a country or region, usually where the government is based. 2. Wealth in the form of money or assets used to start or grow a business.
- sustainabilitynounsəˌsteɪ nəˈbɪl ɪ tiThe ability to be maintained at a certain rate or level; the avoidance of the depletion of natural resources to maintain an ecological balance.
- iterationnounˌɪt əˈreɪ ʃənThe act of repeating a process or set of instructions, typically with the aim of approaching a desired goal or result.
- agileadjectiveˈædʒ əlable to move quickly and easily; able to think and understand quickly
- developmentnoundɪˈvɛl əp məntThe process of growing, progressing, or being created.
- designverb-transitivedɪˈzaɪnThe intentional creation of a plan, pattern, or arrangement for how something will be made or done, often to solve a problem or achieve a specific purpose.
- thinkingnounˈθɪŋkɪŋThe process of using one's mind to consider or reason about something; a person's ideas or opinions.
- creativitynounˌkri eɪˈtɪv ɪ tiThe ability to produce original and valuable ideas, or to make something new and imaginative.
- collaborationnounkəˌlæb əˈreɪ ʃənThe action of working with someone to produce or create something.
- leadershipnounˈli dərˌʃɪpThe position, function, or ability of a person (or group) to guide, direct, or influence others.
- visionnounˈvɪʒənThe faculty or state of being able to see.
- strategynounˈstræt ɪ dʒiA detailed plan for achieving success in situations such as war, politics, business, or competition.
- marketˈmɑːkɪtA physical or virtual place where goods and services are bought and sold.
- competitionnounkŏm′pĭ-tĭsh<strong>′</strong>ənThe activity of trying to win or be more successful than others in an activity (e.g., sport, business, exam).
- advantagenounædˈvæn tɪdʒA condition or circumstance that gives a greater chance of success or improvement.
- failurenounˈfeɪl yərA lack of success in achieving a goal or fulfilling a function.
- learningnounˈlɜːnɪŋThe acquisition of knowledge or skills through study, experience, or being taught.
- growthgrōthThe process or act of increasing in physical size, quantity, quality, or importance.
- ecosystemē<strong>′</strong>kō-sĭs′təmA biological community of interacting organisms and their physical environment.
- networknounnĕt<strong>′</strong>wûrk′A system of interconnected things or people, such as computers, roads, or individuals with shared interests.
- platformplăt<strong>′</strong>fôrm′A flat, raised surface or structure.
- solutionnounsə-lo̅o̅<strong>′</strong>shənA means of solving a problem or dealing with a difficult situation.
- problemnounˈprɒbləmA matter or situation regarded as unwelcome, harmful, or difficult to deal with and needing to be resolved.
- challengenounˈtʃæl ɪndʒA difficult or demanding task or situation that tests someone's abilities.
- opportunitynounˌɒp ərˈtu nɪ tiA favourable or advantageous combination of circumstances; a chance or opening for action or advancement.
- risknounrɪskThe possibility of something bad or undesirable happening; exposure to danger or loss.
- rewardnounrɪˈwɔːdSomething given or received in return for an effort, service, achievement, or good behavior.
- experimentnounĭk-spĕr<strong>′</strong>ə-məntA scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact, typically involving systematic manipulation of variables.
- prototypenounˌprəʊtəˈtɪpɪkAn original, first, or preliminary model from which other forms are developed or copied.
- feedbacknounfēd<strong>′</strong>băk′Information or reactions about a person's performance, a product, or a process, used as a basis for improvement.
- improvementnounɪmˈpruv məntThe act or process of making something better; the state of being improved.
- implementationnounˌɪm plə mənˈteɪ ʃənThe act or process of putting a plan, decision, or system into effect.
- deploymentnoundɪˈplɔɪ məntThe act of moving troops, equipment, or resources into position for action.
- scalabilitynounˌskeɪləˈbɪlɪtɪThe capacity of a system, network, or process to handle a growing amount of work or to be enlarged to accommodate that growth.
- monetizationnounˌmɒn ɪˌtaɪˈzeɪ ʃənThe process of converting something into money or a source of revenue.
- partnershipnounˈpɑːtnəʃɪpA formal arrangement where two or more parties cooperate to run a business or achieve a goal, sharing responsibilities, profits, and risks.
- acquisitionnounˌækwɪˈzɪʃənThe act of gaining possession, obtaining, or learning something.
- exitnounˈɛɡzɪtA way out of a building, room, or vehicle; the act of leaving or going out.